Hot Pursuit     21-Jun-24
AGS Transact rallies on appointing Vinayak Goyal as subsidiary’s MD
AGS Transact Technologies advanced 2.56% to Rs 88.77 after it announced the appointment of Vinayak R Goyal as the managing director (MD) of its wholly owned digital payment subsidiary, India Transact Services.
Goyal has an experience of over 9 years across areas such as business strategy, investment banking, and fund raising. He has previously worked with Avendus Capital as an Analyst. He holds a degree from Purdue University, USA.

Vinayak R Goyal has been an executive director on the board of AGS Transact Technologies since 2021. He is overseeing the development of a contactless open-loop fuel payment solution within the Ongo app. Furthermore, under his leadership, the company has made significant headway through strategic collaborations in its prepaid business.

Ravi B. Goyal, chairman & MD, AGS Transact Technologies said, “Vinayak’s appointment reinforces our commitment to strengthening our leadership team and driving sustained growth in the rapidly evolving digital payment landscape. As a representative of the new generation, Vinayak brings a unique viewpoint and innovative approach to our digital payment strategy.

AGS Transact Technologies is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients.

The company reported a net loss of Rs 4.44 crore as compared to Rs 15.36 crore in Q4 FY24 over Q4 FY23. Revenue from operations declined 17.78% to Rs 349.18 crore in Q4 FY24.

Previous News
  AGS Transact Technologies reports consolidated net loss of Rs 60.90 crore in the September 2023 quarter
 ( Results - Announcements 04-Nov-23   07:37 )
  AGS Transact rallies on appointing Vinayak Goyal as subsidiary’s MD
 ( Hot Pursuit - 21-Jun-24   12:05 )
  CRISIL revises AGS Transact's outlook to 'negative'; reaffirms 'A+' rating
 ( Hot Pursuit - 27-Nov-23   10:51 )
  AGS Transact Technologies reports consolidated net loss of Rs 15.38 crore in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   07:29 )
  AGS Transact Technologies reports consolidated net loss of Rs 48.31 crore in the March 2022 quarter
 ( Results - Announcements 28-May-22   10:06 )
  AGS Transact Tech IPO subscribed 88%
 ( IPO Centre - IPO News 19-Jan-22   17:47 )
  AGS Transact Techs. to conduct board meeting
 ( Corporate News - 05-Feb-22   11:43 )
  AGS Transact Technologies reports consolidated net loss of Rs 9.45 crore in the December 2021 quarter
 ( Results - Announcements 15-Feb-22   08:13 )
  AGS Transact Techs. schedules board meeting
 ( Corporate News - 13-Jun-24   10:17 )
  AGS Transact Technologies reports consolidated net loss of Rs 4.45 crore in the March 2024 quarter
 ( Results - Announcements 30-May-24   07:41 )
  AGS Transact Technologies wins Rs 1100 cr multi-year order from SBI
 ( Corporate News - 17-Nov-23   09:11 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top